Market Signal

JPMorgan and Goldman Sachs Upgrade Hong Kong Housing Market Forecasts to Double Digits

Sourced from 3 publications

  • •JPMorgan and Goldman Sachs have upgraded their Hong Kong housing market outlooks to double-digit growth, joining Morgan Stanley, as price gains exceeded prior expectations.
  • •Hong Kong is nearing the end of its longest budget deficit period in two decades, according to Bloomberg.
  • •Despite the approaching end of deficits, Financial Secretary Paul Chan and broader sentiment remain cautious about the city's fiscal outlook.
  • •The housing rebound and the budget situation represent separate developments within Hong Kong's broader economic landscape.

Sources

Why Morgan Stanley, Goldman Sachs lifted their oil price targets

yahoo

Hong Kong Is Near End of Budget Deficit Era But Caution Prevails

Bloomberg

More banks catch on to Hong Kong's housing rebound, upgrade market forecast

Peggy Ye

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Curated from 3 sources. Every summary is reviewed for accuracy, but may still contain errors. We always link to original sources for verification.

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